Form 4 for SKIL Skillsoft Corp.
Accepted 2022-05-03 00:00:00 ET · period of report 2022-05-01 · accession 0001104659-22-055459 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-05-03 | 2022-05-01 | SKIL | Sims Zachary | GM Tech, Dev, CEO Codecademy | F - Tax | $5.35 | -4,025 | 3.83M | -0.1% | -$21.5K |
| D | 2022-05-03 | 2022-05-01 | SKIL | Sims Zachary | GM Tech, Dev, CEO Codecademy | M - OptEx | $0.00 | +8,828 | 3.84M | +0.2% | $0 |
| D | 2022-05-03 | 2022-05-01 | SKIL | Sims Zachary | GM Tech, Dev, CEO Codecademy | M - OptEx | $0.00 | -8,828 | 326.7K | -3% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-05-01 | F | D | 4,025 | $5.35 | 3,832,578 | D | — | — | (F1) Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting. |
| 2 | Common | Class A Common Stock | 2022-05-01 | M | A | 8,828 | $0.00 | 3,836,603 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2022-05-01 | M | D | 8,828 | $0.00 | 326,660 | D | — · — to — | 8,828 Class A Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer. (F3) Pursuant to the Merger Agreement, unvested options to purchase Codecademy stock previously awarded to the Reporting Person by Codecademy were converted into RSUs of the Issuer. The RSUs will vest in 38 equal monthly installments beginning on May 1, 2022. |